Transcript: HSBC’s east-west split
Sonja Hutson Good morning from the Financial Times. Today is Wednesday, October 23rd and this is your FT News Briefing. Jobs are on the chopping block at another Big Four firm and HSBC is reshuffling its business. Plus, South Korea is accusing Russia of sending North Korean soldiers to fight in Ukraine.
HSBC’s new chief executive has made his play to cut costs and home in on core divisions for the next phase of growth at ...
Zhang Hongtao, deputy director of Shanghai Municipal Commission of Economy and Informatization, told China Daily that Tesla ...
The Pinnacle review underscores the challenges HSBC faces in boosting revenue in China. The Greater China region, which ...
Bank plans to separate east from west and replace three units with four in a move it says will simplify its business ...
The bank is also looking at salary structures and probing whether suppliers inflated expenses. Read more at straitstimes.com.
The reorganisation marks a wide-ranging change at the UK-listed lender, separating it on east-west lines at a time of rising ...
HSBC has initiated a review of its digital wealth business Pinnacle in China, focusing on expenses and operational controls. This scrutiny could potentially lead to layoffs and represents a shift ...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...
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